https://www.taxtmi.com/caselaws?id=278236 The Tribunal allowed the assessee's appeals, condoning the delay in filing and deleting the addition under Section 68 of the Income Tax Act as no incriminating material was found. The disallowance of pre-operative expenses was upheld, emphasizing that the expenses were justified. Assessments under Section 153A were deemed invalid due to the absence of incriminating material, leading to the deletion of additions and disallowances made by the AO. The department's appeals were dismissed, affirming the Tribunal's decisions. en-us Thu, 31 May 2018 00:00:00 +0530 Sat, 19 Jan 2019 07:41:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278236 The Tribunal allowed the assessee's appeals, condoning the delay in filing and deleting the addition under Section 68 of the Income Tax Act as no incriminating material was found. The disallowance of pre-operative expenses was upheld, emphasizing that the expenses were justified. Assessments under Section 153A were deemed invalid due to the absence of incriminating material, leading to the deletion of additions and disallowances made by the AO. The department's appeals were dismissed, affirming the Tribunal's decisions. Case-Laws Income Tax Thu, 31 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278236